41965 Jones Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2022 | Listed by Redfin Corporation | $724,900 | |
| Listed by Redfin Corporation | |||
| Aug 29, 2021 | No longer available | - | |
| No longer available | |||
| Jun 24, 2021 | Price Decreased |
$789,000
↓ $60K
(7.1%) | |
| Price Decreased | |||
| May 27, 2021 | Listed by Bennion Deville Homes | $849,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
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Look at this curb appeal! Wonderful location within the highly desirable gated community Sunterrace in central palm Desert. Located next to a huge open green belt this parklike setting home offers approx. 2,570 sf with 3 bedrooms and 2.5 bathrooms. Upon entering through the charming front courtyard, you will love the architectural details found throughout the home as well as the soaring 10' - 12' ceilings. Natural light pours in throughout the house with the large windows and clear stories. The living room features a marble faced fireplace and French doors to the courtyard and the dining room features French Doors to the rear yard. The kitchen, family room and wet bard create an ideal entertaining space also with direct access to the rear yard. The master bedroom suite features a double door entry, dual closets and a luxurious soaking tub with seamless glass surround. The pool sized rear yard offers complete privacy and opportunity to enjoy it as it is or create your own private oasis. This home was a first phase Varner home, known for quality construction and is sure to provide endless enjoyment. The manager has listed the unit size as 2570 square feet.
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About Palm Desert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017